Published on 9 May 2024 on Simply Wall St. via Yahoo Finance
DoorDash, Inc. (NASDAQ:DASH) Shares Could Be 33% Below Their Intrinsic Value Estimate
Key Insights
The projected fair value for DoorDash is US$170 based on 2 Stage Free Cash Flow to EquityCurrent share price of US$113 suggests DoorDash is potentially 33% undervalued Analyst price target for DASH is US$134 which is 21% below our fair value estimate
Today we will run through one way of estimating the intrinsic value of DoorDash, Inc. (NASDAQ:DASH) by taking the expected future cash flows and discounting them to today's value. We will take advantage of the Discounted Cash Flow (DCF) model for this purpose. Don't get put off by the jargon, the math behind it is actually quite straightforward.